Re:No one expects young men to do anything and they are resp...
by amanaplanacanal on Sunday April 24, 2022 @11:05AM
(#31144706)
The elites in the US lowered the top tax brackets considerably, and intentionally moved education funding from grants to loans in previous decades. Both of these moves feel like they have lowered social mobility, but I haven’t seen studies.
Re:No one expects young men to do anything and they are resp...
by etherael on Sunday April 24, 2022 @11:20AM
(#31144855)
Same thing happened to Australia where I'm from originally, and it doesn't seemed to have changed a thing anecdotally except of course the aforementioned escape velocity equation, and still not nearly enough to be competitive with the leaving option.
Would be interested to see any studies that indicate conclusively that any of this stuff does any good, rather than just making those who are politically aligned with it feel good, for anybody reading this that knows, not necessarily just the respondent.
Maybe it's wrong and I'd love to know if that's the case but from personal experience the only way I've seen out of poverty is interest in an in demand field leading to the building and maintenance of marketable skills that allow you to earn a living sufficient to attain economic escape velocity. That seems to me to be a whole lot do with luck at the ground floor. And fiscal and social policy can be as much of a burden as it is a boon all the way along the pipeline.
That said, that escape velocity was directly mediated by both the tax burden of the jurisdiction coupled with the economic opportunities of the jurisdiction and at the end of the day it meant the correct choice was to leave for greener pastures, both lowering the necessary target for escape velocity as well as reducing economic drag getting there.
In the meantime all those kids I knew back in the old neighbourhood are still there, mostly on subsistence handouts, firmly in poverty, and show no signs of that changing.